209 County Rd 28
Otonabee-South Monaghan, K0L1B0
For Sale
$760,000
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Apartment
CATEGORY0.54 Acres
TOTAL AREAX8246786
MLSIDContact Us
Property Description
Attention All Investors! - Positive Cash-Flowing Property***Turnkey, Legal 5Plex***Huge Lot : 90.50Ft X 261.75Ft***4,500Sqft. Featuring 5 Self-Contained Units***8 Brs & 5 Wshrs***Tenants Pay For Their Own Utilities***Each Unit Has Their Own Hydro Meter & HWT***10-Car Parking***Apt3 Tenant Acts As Bldg. Superintendent***Hands Off Investment***All Tenants Can Be Assumed***These Purpose-Built Investment Opportunities Are Rare!***Newer Roof***Annual Rent = $56,100, Property Taxes = $4,684, House Insurance = $5,980, Net Operating Income = $45,436. See Attachments For Income/Expenses/Rent Roll.
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Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
Residential
Total Area
0.54 Acres
Lot Size
90' x 262'
Taxes
$4,684 (2023)
Parking Spaces
10
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Listing contracted with Re/Max Community Realty Inc.
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